๐จ Bitcoin Technical & Trade Analysis
$BTC is currently trading around $114,193, after pulling back from its recent ATH near $124K.
๐ Key Levels to Watch:
Support: $112K โ if it breaks, BTC may drop toward $108K.
Resistance: $116Kโ$118K โ reclaiming this zone could spark fresh upside.
โก Short-term Outlook: Bearish bias, risk of deeper retracement.
๐ Medium-term: Consolidation phase after the rally.
๐ Long-term: Still targeting $135K+ if institutional inflows & Fed easing tailwinds kick in.
๐ Are you buying the dip at $112K, or waiting for a clearer breakout?